Cp385. 
C2>3-fe\ 


Supplement  to  statement  of 
earnings  and  expenses 


V 


The 

Howell  Collection 

OF    HISTORICAL 
MATERIALS 


Presented  by  Kay  Kyser 

And  his  Mother 

Emily  Royster  Howell  Kyser 

As  a  Memorial 

To  her  Brother 

Edward  Vernon  Howell 

Dean  School  of  Pharmacy 

i 897-1 93 i 

*      * 

THE   UNIVERSITY 

OF 
NORTH   CAROLINA 
Cp38&l      LIBRARY 


'         ■    ■:   .        ■■•  ■  w  «  "     .■'■. 
....'•■'•) 


msm 


mm%Wm^ 


This  hook  must  not 
he  taken  from  the 
lAhvavy  huildinQ. 


Yri-iS  HTU    HAS  BEEN  MICF  OFiLMED 


SUPPLEMENT 


TO 


STATEMENT  OF  THE  EARNINGS  AND  EXPENSES 


OF   THE 


eyRailwayCo. 


FOR  FIVE  YEARS  ENDING  JUNE  30,  1895, 


SHOWING 

TAXES,  RENTAL  OF  SOUTH  CAROLINA  PACIFIC 

RAILWAY,  RENT  OF  ROLLING  STOCK,  AND 

OTHER  AMOUNTS  TO  BE  ADDED  TO 

OR  DEDUCTED  FROM  EARNINGS 

AND  EXPENSES,  TO  SHOW 

THE  NET  IKCOME  OF 

THE  COMPANY 

FOR  THE  SAID  PERIOD  OF  FIVE  YEARS, 

AS  ASCERTAINED  BY  THE  EXPERT 

EMPLOYED  BY  THE  RECEIVER. 

AUGUST  17,  1896. 


ADDENDUM. 

The  following  figures  should  be  substituted  for  those  found 
on  page  13  of  the  Five  Years'  report,  under  head  of  "South 
Carolina  Pacific  Railway,'1  and  opposite  the  items  "  Total 
Local"  and  "Total  Through  Passenger  Earnings": 

Total  Local,         ....       $11,376  42 
Total  Through,    ....  736  09 

Total,         ....       $12,112  51 


SUPPLEMENT 


TO 


STATEMENT  OF  THE  EARNINGS  AND  EXPENSES 


OF    THE 


!mr  i 


Id 


FOR  FIVE  YEARS  ENDING  JUNE  30,  1895, 


SHOWING 

TAXES,  RENTAL  OF  SOUTH  CAROLINA  PACIFIC 

RAILWAY,  RENT  OF  ROLLING  STOCK,  AND 

OTHER  AMOUNTS  TO   BE  ADDED  TO 

OR  DEDUCTED  FROM  EARNINGS 

AND  EXPENSES,  TO  SHOW 

THE  N"ET  INCOME  OF 

THE  COMPANY 

FOR  THE  SAID  PERIOD  OF  FIVE  Y'EARS, 

AS  ASCERTAINED  BY  THE  EXPERT 

EMPLOYED  BY  THE  RECEIVER. 

AUGUST  17,  1896. 


INDEX 


Amounts  added  or  deducted  from  the  Earnings  and  Expenses  of 

the  report  for  five  years  ending  June  30,  1895,     ...  3 

Distribution  of  Taxes,         ........  4 

Rental  of  South  Carolina  Pacific  Railway, 4 

Rent  of  Rolling  Stock  owned  by  the  North  State  Imp.  Co.,         .  5 

Items  charged  to  Construction ;  should  be  in  Expenses,       .  6 

Items  charged  to  Equipment;  should  be  in  Expenses,         .         .  7 
Deduction  from   Earnings ;    improper   charges    to  North   State 

Imp.  Co., 8 

Items  charged  to  North  State  Imp.  Co. ;  should  be  in  Expenses,  .  9 
Items  according  to  Master's  Report;  to  be  charged  in  Expenses,  10 
From  Profit  and  Loss  Account ;  to  be  added  to  Earnings,    .         .11 
From  Profit  and  Loss  Account;  to  be  deducted  from  Earnings,  .  11 
From  Profit  and  Loss  Account ;  to  be  added  to  Expenses,   .         .  12 
From  Profit  and  Loss  Account;  to  be  deducted  from  Expenses,  .  13 
Betterments  by  the  Receiver  ;  charged  in  Expenses,    .         .         .14 
Summary  of  Earnings  and  Expenses  for  five  years  ending  June 
30,  1895,  after  making  additions  and  deductions  in  Supple- 
mentary Statement,      ........  15 

Supplementary  Statement  of  Local  Passenger  Earnings,      .         .  16 

Supplementary  Statement  of  Through  Passenger  Earnings,         .  17 

Supplementary  Statement  of  Local  Freight  Earnings,         .         .  18 

Supplementary  Statement  of  Through  Freight  Earnings,    .         .  19 


The  examination  of  the  books  of  the  Company  by  the  expert  em- 
ployed by  the  Receiver  shows  the  following  amounts  to  be  added  to 
or  deducted  from  Earnings  and  Expenses  for  the  five  years  ending 
June  30,  1895  : 


Taxes, 


EARNINGS. 


EXPENSES. 


Additions 

to. 


Deductions 


Additions 

to. 


Deductions 
from. 


* 


Rent  South  Carolina  Pa- 
cific Railway, 


Rent  of  Rolling  Stock  (ac- 
cording to  Master's  Re- 
port)  


Improper  Charges  to  Con- 
struction,    


Improper  Charges   to 
Equipment,     . 


Improper  Charges  to 
North  State  Improve- 
ment Company,  .     .     . 


Rent  of  Property  (accord- 
ing to  the  Master's  Re- 
port),      


0,039.26 


From  Profit  and  Loss  Ac-  | 

count, I   1,303.07 


541. 


$  84,397.41 
31,380.00 

53,780.09 

18,118.83 

2,470.57 

68,653.77 

2,345.00 

13,433.44$  4,210.33 
.     .     .     J     7,211.10 


Betterments  by  Receiver,    . 

Total,     ....  I$l,303.67;$6,580.59  l$274,579.71  $11,421.43 


Farmer*  Loan  and  Trust  Co.  vs.  Cap,    Fear  and  Yadkin   Valley  Railway  Cwnpany. 
Oape    iFoar-   and.   Tadlx-in   Valley   H-ailTTcay  Company. 

TL,   ful lowing  Slatcnfrit-  show  tlie  details  of  the  above  Debits  and   Credits,  and  the  Distribution,  of  them  to  the  several  ] 
of  the  System  by  the  methods  used  in  the  Statement  for  Five  Years. 
DISTRIBUTION  OP  TAXES  for  Five  Years  ending  JvneW,  1895. 


,„:,„ 

0„.|CDw;,„. 

S.  c.  p.  RV. 

Ma.lis,,n 

Ess 

Branch  |      Am°',nt- 

I''...r  Wiir  .-hiliriL'  Jinn:  Mil, 
For  Vear  ending  June  oil. 
For  Vear  endinj/  June  MM, 
For  Year  endiny  J  mi.--  Ml), 
For  Year  ending  June  30, 

1891. 

1.192. 
l.i'.i::. 
1894, 
1895, 

$  5,364  4 

7,0411  ' 
7,833 
8,727  _ 

$37,420  2 

81 '  $  2,866  78 

17        1,286  03 

22]   59 

155   19 

$  716  07 
935  18 
944  03 

:ii-  c-,7 
881  95 

$4405  90 

$  506  21 

872  99 
S72  05 
875  57 

873  75 

$4,000  57 

$  312  25 
519  62 
216  63 
562  20 
489  46 

$2,100  16 

$ 

S  57  97|  $11,912  49 

44  92 
1112   'J! 
113  28 

$260  49 

85  59     17,563  90 
94  23     19,020  13 
77  36     17,949  77 

Amo.nl,     • 

i    $15,58.' 

10  $20,210  04 

$414  62  $84,397  41 

RENTAL  OF  Sill  ITU  CAROLINA   I'  \'4F[r  RAILWAY  /or  Five   Yean 


\  DWi»ion 

,.                ■    ,.               6.C.P.R.,. 

£52 

■S5°  ISSJKCl  *™ 

For  Year  ending  June  30,  1891. 

■       27. 
0.276  00 
6.276  00 
6.276  0,1 
6,276  00 

For  Year  ending  June  ".u,  1893, 
Fnr  Year  ending  June  30.  1894. 
For  Year  ending  June  30,  1895, 

6,276  00 

1 

■ 


Farmers  Loan  and  Trust  Company  vs.  Cape  Fear  and  Yadkin  Valley  Railway  Company. 
Oapo    Fear   /rnca.   YacaiaLiix   "VfiXley  HSL±l.s3vek,-y   GomiD&ia/y". 

RENTAL  OF  ROLLING  STOOK  oumedhy  the  North  SloU  Improvement  Company  (according  to  He  Master's  Report). 

Conducting  Transportation.  A  Division.  B  Division.  C  Division.  S.  C.  P.  R'y.     Factory  Br'eb.    Mndison  Br'cb. 

Three  Months  ending  June  30,  1891. 
27.  Car  Mileage  Balance,  If  2,069  32  $   372  98  $   630  41  $  54  92  $  24  44  $  22  22 

For   Year  ending  dune  30,  1892. 
27.  Oar  Mileage  Balance,  7,864  62  1,908  38  2,454  36  269  18  92  69  107  93 

For  Year  ending  June  30,  1893. 
27.  Oar  Mileage  Balance,  7,718  60  2,115  35  2,335  01  239  98  109  19  179  03 

For  Year  ending  June  30,  1894. 
27.  Oar  Mileage  Balance,  7,500  21  2,142  01  2,630  86  241  25  96  50  86  34 

Conducting  Transportation.  „  „„   , 

"            r  F„r  ],,,,  .„,/,„„  ./«,„•  3u,  1895 
34.  Hire  of  Equipment  (but  distri- 
bution same  as  above),  7,360  03  2,260  18  2,54178  166  45  112  64  73  84 

Grand  Total,        $32,512  78  $8,798  90  $10,592  41  $971  78  $435  46  $469  36 


Farmer*  loan  anil  Trust  Company  vs.  Cape  Fear  and  Yadkin  Falley  Railway  Company. 
Capo   JF*e£vx"   and  Ywri i^in    Valley   UstilTT^-ay   Oomp^vEiy. 

ITEMS  CHARGED  TO  CONSTRUCTION:  SHOULD  BE  CHARGED  TO  EXPENSES. 


A  Division. 

11  Division. 

0  Division. 

S.  C.  P.  R'y. 

Factory 
Branch. 

Mnilis,,ii 
Branch. 

MAINTENANCE   OF   WAV    AND    STRUCTURES, 

For  Year  ending  June  30,  1891. 

1.  Repairs  of  Roadway,       ..... 

4.    Repairs  Brings  ami  Culverts, 

6    Repairs  of  Buildings 

$    958  42 
26  66 

$311  50 

$709  95 

$    

$    

$76   92 

$2,056  79 

$2,438  38 

.$311  50 

$747  79 



$  68  99 

$76  92 

Maintenance  ok  Way  and  Structures, 

F„r  Year  ending  June  30,  1892. 

1.   Repairs  of  Roadway,        ..... 
4.  Repairs  Bridges  aiol  Culverts, 
6.  Repairs  of  Buildings,       . 

Totai 

$523  89 
210  67 

$123  60 
106  7C 

$1S5  40 
118  53, 

$ 

15  36 

$ 

27  44 

832  13 
16  64 

$  865  02 
495  34 

$734  56 

$230  30 

$303  93 

$161  37 

$  27  44 

$48  77 

$1,506  37 

Maintenance  ok  Way  and  Structures, 

For  Voir  ending  June  30,  1893. 

1      Repairs  ,,f    itoadway,          ..... 

-1     llepairs  Bridges  and  Culverts. 

0    llepairs  of  Buildings, 

Totai 

-     668  iv, 

-     14  1  23       $156  26 
1,413  29          124  77 

$ 

4  50 

$  40  45 
6  05 

109  10 

4,218  47 

$3,90S  42 

$329  63 

$109  1" 

$4  50 

$104  35 

$0,076  08 

Maintenance  ok  Way  and  Structures, 

F,.r  Fern  ending  Junt  30,  1894. 

1      lo  pan  -  ..i    luiadwav,          ..... 
4.    Repairs  lo  „!«,.,  and  Culverl-. 

o    Repairs  of  Buildings 

ft      115  Ii3 
3,284  94 

¥    

-       22    ,1 
2,188  10 

$ 

$ 

$ 

$    138  17 

■ 

$S01  87,    $2,210  64 

$282  89 





$6,892  80 

Grand  Totai 

$10,738  76 

$2,903  77    $3,591  99 

(553  'jo 

$100  93 

$230  04 

$18,118  83 

Farmers  Loan  and  Trust  Company  vs.  Cape  Fear  and  Yadkin  Valley  Railway  Company. 
Capo   Pear   and   "ST&clliJLaa  "\7"ajVA©y  Rallwray   Company. 

ITEMS  CHARGED  TO  EQUIPMENT:  SHOULD  BE  CHARGED  TO  EXPENSES. 


A  Division. 

B  Division. 

C  Division. 

S.  C.  P.  Ry. 

Factory 
Branch. 

Madison 
Brand]. 

M, 

intknanck  OF  Equipment. 

For 

Year  ending  June  30,  L892. 

10.  Repair. 
13.  Repiiirs 

jmJ  Renewal,  of  Locomotive, 
and  Renewals  of  Tugs,  Floats,  etc., 

Total 

$    236  80 
127  39 

$101  32 

154  52 

$  99  9U 
71  67 

$14  91 
9  29 

$12  12 
16  59 

$  T  64 
10   07 

$  471  69 
299  53 

$    363  lil 

$165  84 

$171  57 

$24  2n 

$2s  71 

$17  71 

$    771  22 

M 

UNTENANTS   OF    EQUIPMENT. 

For 

Year  ending  June  30,  1S93. 

1".  Repair. 
13.  Repairs 

and  Renewals  of  Locomotives, 
and  Renewals  of  Tugs,  Floats,  etc., 

Totai 

Grand  Total,    . 

594  3(1 
195  31 

286  84 
98  92 

272  33 
109  90 

32  86 

14  24 

28  52 
25  44 

25  17 
15  43 

1,240  11 
459  24 

$    789  70 

$385  76 

$382  23 

$47  10 

$53  96 

$40  60 

$1,099  35 

$1,152  89 

1551  (10 

$553  80 

$71  30 

$82  67 

$58  31 

$2,470  57 

Farmer)  Loan  and  Trmt  Co.  vs.  Cape  Fear  and  )'./r«-;„   Valley  Railway  Company.  8 

Oape   JPoar  &xici   "y^<3.1s.iii   "\7"£*.Xl©y  Hail-OTray   Company. 

EARNINGS  CHARGED  TO  NORTH  STATE  IMPROVEMENT  COMPANY  AND  INCLUDED  IN  EARNINGS  OF  THE 
CAPE  FEAR  AND  YADKIN  VALLEY  RAILWAY  COMPANY  IN  THE  FIVE  YEARS'  REPORT. 


A  Division.       IJ  Division.       C  Division 

S.  <J 

1'.  K  v. 

Factory      j      Madison      |       , 
Branch.      i       Brand).               moun  . 

/■;«/■  Year  ending  ■/»»•'  30,  1891  : 

Passenger  Earnings, 

Fmtrlit,  Eaniiuys, 

f  ■■::  '•:   *  517  10 

703  45          362  31 
1,386  83  i        681   90 

$      18  70 
375  61 
808  50 

$ 

4  or, 

$        2  89 

17  s-s 

$            74 
111  07 

$1,121  15 
1,570  32 

ToT.W 

/■'..,    lrear  ending  Jane  30,  l«9i»: 
/•or   )\„,  ending  Jwu  30,  1S93: 

$2,667  95 
60  50 

27  77 

81,561  31 
151  83 

§1,20:;  81 

66  50 

$ 

4  05 

$      20  77 

$    111  81 
114  53 

$5,568  70 

V'-^l 

Hianlliiiieoiu 

,77  67 

797  7l' 

1,386  S3 

517    Di 
531   '.'4 
iiSl    mi 

IS  70 
467  74 
B08  50 

4  o5              -2  89                  74 
17  -is          235  60 

1,121  15 
2,040  88 

2.s77  23 

GitiND  Total, 

$2,762  22    $1,730  94 

$1,294  94 

% 

■4  05     $      20  77     $    226  34 

{6,039  26 

F.„;„,,,  L,;,n  md  Trull  Ompiny  is.  C*,.:  Far  ,.,,./  V.Min   VM,  A'.,,/™,  Omj ,. 

oai=>o   Foaf  ancL  YartHIn    v«Uey   HMlway   company. 

ITEMS  CHARGED  TO  THE  NORTH  STATE  IMPROVEMENT  CO    SHOULD  BE  CHARGED  IN  EXPENSES 


Maihtehah.i:  ok  Wat  ahi.  Stbi 


Maintenance  of  Equipment. 

10.  Repair*  aud  Renewals  of  Locomotives, .        . 

53  08           21  17'           24  46           2  69             2  74  . 

1  T1      10— 

34.  General  Office  Expenfloa  and  Supplies,   . 

r,  144    18       1,720  4S        1,1*37  GO        251    09          448  08 

27.'  08 

: :;:.: :..  j   8.073  57 

■  r.il  Expenses,         . 

18  77             0  38           10  56           1  37             2  44 

1  48 

zi\  ~— 

Total 

3483  58      1  743  10      1.003  "0       254  40 

15  ■  9E 

275  66 

17    Uoinlonuiictt  of  Way  and  Structures,     . 

1  r,4   If.       ■■•■:.•}■'  50       !."'"'  s:;      ■    ■ 

171 
275  66 

1,5.14 12 

''l05   85 

-1.-.    Mfiirileii-irirfol   Equipment, 

3.481*  58 

1,743   I*:.       1.963  20       254  40 

GRAND   TOTAL, 

■,.,'..,   :-] 

5.683  83 

3.084  40       257  09 

882  30 

2T7371*  '^  12| 

_L5^ic^! 

U  HHTl  WASl  E   OF    VfVi    AMD  STRUCTURES, 

Far   y.ar  ending  June  30,  1892. 

Renewals  of  Ties 

7.  Repairs  ol  Doric-md  Wharves,      . 

G  38 

«.a 

27  00       157  75 
3  59               47 

56  11 

0,886  80 
15  00 

4  

CONDU    TING  THANBTOnTATlON. 

j 



»»:  

3  60 

25.  Station  Supplies 

770  47 

300  22 

433  52         50  16         100  37 

00  85      

84,  Gonernl  Office  Expenses  and  Supplies.    . 

'j; mi;  ■  iU 

1.471   80 

1,0RU!  21!"::    31£ 

0,832  87 
60  70 

2;.  82 

T5TAL.      .... 

3,820  51 

1,938  00 

2.153  05       278  91  !       498  45 

302  28,     

8,997  20 

30  50 
3  60 

2,153  05 

158  22 

1. 

498  ^ 

3  00 

3,820  ."■: 

1.938  00 

302  28 

.:,..    dTotai 

. 

2,598  88 

2,187  24 

437  13 

555  98 

302  78 

■  1..,,  J 30.  1898. 

2.  Renewals  of  Rails 

5  04"  0 

5  042  05 

554  76 

483  25 

35160 



lS^SfMS 

554  7C 

1,497  04         722  44 

B85  Of. 

82  77 

IL!i 

.     '"    ' 

10.  Repa.rs  and  Renewals  of  Locomot.ves.  . 





23.  Exponsos  of  Telegraph,  eto..  .... 

472  22         239  17 

265  70 
2  50 

34  42 

61  51 

37  31      

1,110  33 

2  50 

350  00 

__      __1'__ 

350  00 

472  22 

589  V 

268  21 

487  67 
7  73 

03  17 

112  90 

,■    r; 

866  71 

13  73 

438  oe 

2,037  88 

4  C81            2  3 

2  34 

4  61 

"    .- 

14   85 

1.866  24]        945  1 

1,1)50  n 

136  02 

243  It 

147  4 

Rf    umi.ATION  OF   EXPBHSBE. 

47,  Maintenance  of  Way  ar.J  Structures.     . 

48,  Maintenance  of  Equipment 
10    Oonduoting  Transportation. 

50.  General  Expanses, 

B.46D  T7       3,696  - 
1.407  04         722  4 
472  22         580  1 
1.806  24         945  1 

554  7 

5.042  0 

03  4 

82  77 

si  B 

;      1,050  06}       186  02 

24::   li 

147  4 

12,805  27       5  158  0 

2,558  02       788  46 

Maihtkkasoi    oi  Wah  a  mi  Structures, 

For  Kni  ending  J i  80,  1894 

3,550  95       2.401  C 

,        821  70.        89  25 

45  0* 

Conducting  Transportation. 

28,   Expenses  of  Telegraph,  oto., 

180  58           96  1 

106  67         13  82 

24  t, 

1498      

44.,    ,b 

General  Expenses, 

Hi  ■  m  ;  ruL.t  noa  oi   Expenses. 

■IT    M .oe  of  Waj  1  Structures,     - 

I  101  00         621   7"         89  25 
180  58           06  02          106  87          13  .-2 

45  01 

SI 

10    General!  .... 

1,011  00         512  04         568  85         73  CO 

Grani.  Total, 

.?  201   :' 

$     126 

'      ' 

I 

Farmers  Loan  and  Trust  C 
Oape    f  oar    nnd    TadJiln    Valley   H.a.li-CT7ity    Ocm 

according  to  the  Master*!  Report,  to  be  Charged  in  E&pentet.     (Rental  of  Buildings  at  Wilm 


Cape  Fear  and  T«dku.  I"u%  /uiiltrni:  Company. 


General  Expense. 

».-■■ 

BD^ICD,.,,™. 

S.C..K-, 

!;:.:;:;: 

£!:,:: 

A— 

43.  Rents 
Ye 
Ye 
Ye 
Ye 

iot  mlienvisc  provided  for: 
r  emJinj;  .rune  :»<.  1  SMI,      . 

rolnlintfj'nnu  ::n\  IM^      '.          \ 
reridm-JuneUlUSiH,     . 

Ukand  Total,   .... 

8U4  47 

235   18 

8  57  18 
129  24 

lafl  24 

$  G4  40 

143  58 
143  58 
624  37 

8  8  35 

814  89 
33  24 

;;;;  -J4 

8  9  04 
20  hi 

8    268  33 

600  00 
GOO  00 

8765  89 

8387  10 

8975  93 

855  83 

899  75 

860  50 

*"-,4: 

Farmer*   L..a„  and  Tm-t  Co.  vs.   Cape  ftar  and  Y.ulkin    Y,Uhv   H,tilwa!t  Company. 

Oa-i>o    Fear   and   YatiU  1  -n    Valley    RaUxtray    Company, 

FROM  PROFIT  AND  LOSS  ACCOUNT:  TO  BE  ADDED  TO  EARNINGS. 


Mi--. ■ 


For   Year  ■  niling  ■> 

y    " 

For  Vear 
Mil 

For  Year 
Mis 

.Pfer  r« 


Express, 

Express, 
Miscel  i  nncons, 

GBAK1>  Toi 


1"  70         1,2( 

$11  83  I    *1,3( 


M;nM    PROFIT    Wl.i    l.uss   Ai'l'iifNT.    Tn   1!E   hKI  >l  <TK1  >    1-KnM    KAKNIX«S. 


EuNUTM. 

c- ,«.,,.,„. 

■»■» 

&s 

«Et 

/;„   roar  WMKnff  Jun.  30,  189L: 

Freight 

, 

8 

«.... 

$40  40 

$40  40 

/■;.,    Year  wiling  Juil   30,  IS32 

4   05 

*  50 

1   .14 

03 

IS  SI 

/•'..,■  Year  ,,„li,a,  Ju,u  30,  1W3: 

Mieeollnneons,       .... 

31  SO 

row 

17  05 

2  32 

4  15 

2  52 

75  00 

/■:.;■  )'.-„■  rtw/ins  ./"-  30,  1894: 

l"n.'iB1u 

Miacelliinoons,      .... 

s  !S 

si 

I  s 

is 

1   ™ 

[JJ  ',"1 

Total,    . 

ILT^ 

ITS 

10  49 

TTTi 

rs 

^H~i 

Freight,       .                ... 

51 

.1 

111 

03 

.12 

01 

07 

Ki  i  .i  1 1. 1 1 .1..'. 

F»              u        ■        ■        - 

53  50 

50  02 

!: 

I  03 

';' !'' 

249  00 

8»»T«,«, 

8237   7„ 

8100  20 

810  i  I 

.,.    u 

J50   -:■ 

$541  3:J 

Farmer*  Loan  and  Trust  Company  vs.  Cape  Fear  ami  Yadkin   Valley  Railway  Company. 
Cape   Pear   a,n<a.   "K"a<3Ji.iii   Valley   Rall-wray   Gouaj^ctr^y. 

FROM  PROFIT  AND  LOSS  ACCOUNT,  TO  BE  ADDED  TO  EXPENSES. 


A  Divi.ion. 

B  Division. 

C  Division. 

S.  C.  P.  R'y. 

Factory 
Brand]. 

Madison 
Branch. 

Amount. 

General  Expenses, 

For  Year  ending  June  30,  1891. 
46.  Other  General  Expenses 

$     223  66 

$     108  56 

$      125  83 

$ 

$ 

$ 

$      458  05 

Far  Year  ending  June  30,  1892. 

Conducting  Transportation. 

20.  Wages  of  Other  Trainmen 

25 

11 

11 

2 

1 

General  Expenses. 

46.  Other  General  Expenses 

General  Expenses, 

For  Year  ending  June  30,  1893. 

46.  Other  General  Expenses 

For  Year  ending  June  30,  1894. 
Maintenance  of  Equipment. 
12.  Repairs  and  Renewals  of  Freight  Cars,  . 

223  68 
223  68 

202  56 

108  57 
108  57 
57  85 

125  85 
125  85 
71  05 

6  51 

2  61 

2  33 

342  91 

General  Expenses. 

32.  Salaries  of  Officers 

44.  Legal  Expenses 

46.  Other  General  Expenses 

Total 

744  27 
227  26 
111  84 

1,083  37 

43  13 

2,988  28 
912  47 

3,900  75 

376  95 
115  10 
54  29 

546  34 

418  77           54  25 
127  87'           16  57 
62  92!         

609  56            70  82 

96  95 
29  61 

58  80 
17  95 

1,749  99 
534  36 

126  56 

76  75 

2,513  40 
64  98 

For  Year  ending  June  30,  1895. 

Conducting  Transportation. 

23.  Water  Supply  for  Locomotives, 

General  Expenses. 

47.  Salaries  of  General  Officers 

Total 

21  85 

1,503  59 
459  12 

1,962  71 

386  40 
117  99 

504  39 

1,670  89          216  30 
510  21 ,           66  05 

2,181  10          282  35 

234  50 
71  60 

306  10 

6,999  96 
2,137  44 

9,137  40 

Recapitulation  of  Expenses. 
Conducting  Transportation 

202  56 ,           57  85            71  05              6  51              2  61 

2  33 

342  91 

5,655  14 

2,834  75 

$  2,914  56 

3,168  19          353  17          630  95 

382  85 

13,025  05 

Grand  Total, 

$  5,901  08 

$  3,239  35    8     359  70    $     633  57 

$    385  18 

$13,433  44 

Farmers  Loan  and  Trust  Co.  vs.  Cape  Fear  and  Yadkin   Valley  Railway  Company. 
Cape    :F*©ar   and.   Yaca'ts  1ti    Valley   H.alX-ov7-ay   Company. 

FROM  PROFIT  AND  LOSS  ACCOUNT,  TO  BE  DEDUCTED  FROM  EXPENSES. 


A  Division. 

E  Division.     C  Division. 

S.  C.  P.  E'y. 

Factory 
Brunei). 

Madison 
Branch. 

Amount. 

Far  Year  ending  June  30,  1891. 
Maintenance  of  Way  and  Structures. 

1.  Repairs  of  Roadway, 

2.  Renewals  of  Rails 

$    140  46 
1,279  80 

$      70  17    $      79  02 
639  30  :        720  00 

$  10  24 
93  30 

$     18  27 

166  50 

$        11    10 
101    10 

$    329  26 
3,000  00 

For  Year  ending  June  30,  1892. 
Maintenance  of  Way  and  Structures. 

1,420  26 
130  28 

709  47 
65  98 

799  02 

73  31 

103  54 
9  50 

184  77 
16  97 

112  20 

10  29 

3,329  20 
306  33 

For  Year  ending  June  30,  1894. 

Maintenance  of  Way  and  Structures. 

1.  Repairs  of  Roadway 

107  44 

54  41 

60  45 

7  83 

13  99 

8  49 

252  61 

For  Year  ending  June  30,  1895. 
Maintenance  of  Way  and  Structures. 

137  52 

69  20 

76  89 

9  95 

17  78 

10  79 

322  13 

Recapitulation  of  Expenses. 
Maintenance  of  Way  and  Structures — Grand  Total, 

$1,795  50 

$   899  06 

$1,009  67 

$   130  82 

$   233  51 

$   141  77 

$4,210  33 

Farmer*  Loan  and  Trust  Craiqiaruj  vs.  t 'ajn   Fear  and  Yadkin   Valley  Railway  Company. 
Cape    :F"ea:r   and   Yacils-ln   Valley   RallTsray   Company. 

BETTERMENTS  BY  THE  RECEIVER  CHARGED  IN  EXPENSES. 


A  Division. 

B  Division. 

C  Division. 

S.  C.  P.  By. 

Factory 
Branch. 

Madison 
Branch. 

Amount, 

For  Tin Months  ending  June  30,  1894. 

Maintenance  of  Way  and  Structures. 

1.  Repairs  of  Roadway,        ..... 

For    Year  aiding  June  30,  1895. 

Maintenance  of  Way  and  Structures. 

1.   Repaira  of  Roadway 

4.  Repairs  ami  Renewals  Bridges,  etc., 

G.  Repairs  jnd  Renewals  Buildings  and  Fixtures, 

7.  Repaiisand  Renewals  Docks  and  Wharves, 

$    106  54 

1,262  11 
338  29 

$    106  54 

$    367  04 
2,193  04 

1,103  45    $1,226  23 

$158  74 

S283  57 

8172  09 

5,137  12 

Grand  Total, 

$2,560  08 

$2,703  85    $1,226  23 

$158  74 

$283  57 

$172  09 

$7,104  56 

Farmers  Loan  and  Trust  Company  vs.  Cape  Fear  and  Yadkin  Valley  Railway  Company.  15 

Oape   :F*©ar   and   Yaditiii    Valley   Rail-way   Company. 

SUMMARY  OF  EARNINGS  AND  EXPENSES  FOR  FIVE  YEARS  ENDING  JUNE  30,  1895.    AFTER  MAKING  ADDITIONS  AND  DEDUCTIONS 

IN  THE  FOREGOING  STATEMENT. 

*Also  giving  debits  and  credits  to  the  different  divisions  for  rails,  as  shown  in  foot-note  071  page  14  of  the  report  of  Earnings  and  Expenses  for 

Jwe  years  ending  June  30,  1895,  which  was  issued  June  28,  1896. 


A  Division. 

B  Division. 

C  Division. 

*«•»*     SS2 

Mmliuoh 
Branch. 

Furnace 
Branch. 

Granite 
Branch. 

Auionnl. 

Earnings. 

Passenger,         ..... 
Freight, 

$  293,284  01 

1,043,826  38 

57,788  84 

16,170  07 

13,613  95 

$  138,589  43 

317,715  12 

28,197  04 

7,847  97 

3,280  84 

495,630  40 

$  123,536  03 

330,535  47 

31,407  39 

9,094  68 

12,838  50 

$    12,105  53 

108,111  20 

4,234  19 

1,179  21 

452  06 

126,082  19 

$11,190  35 

34,530  11 

4,125  95 

2,102  26 

181  40 

52,130  07 

$  5.389  48 

20.189  49 

2,409  77 

1,280  93 

197  02 

29,527  29 

£33006 

* 
4,978  00 

$    584,094  83 

1,863,215  77 

128,223  18 

37,676  12 

30,564  37 

ExpresB,   ...... 

Total,     . 

1,424,683  25 

507,412  07 

3,330  00 

4,978  00 

2,643,773  27 

Operating  Expenses. 

Maintenance  of  Way  and  Structures, 

Maintenance  of  Equipment,     . 
Conducting  Transportation, 
General  Expenses,    .... 

243.190  61 
105.818  19 
460,766  53 
99,071  74 

908,847  07 

132,669  44 
41,598  14 

200,900  08 
48,729  05 

423,897  31 

102,115  29 
46,884  51 

232,724  70 
65,916  20 

15,937  57 
5,204  03 

41,286  45 
7,435  69 

19,837  85 
3,713  81 
30,576  07 
12,250  09 

20,012  07 
2,707  52 

17,784  45 
7,429  89 

832  48 

2,778  62 

537,373  93 
205,926  20 
988,198  50 
280,882  00 

1,065  02 

2,489  00 

Total,     . 

437,640  70 

69,863  74 

66,378  42 

47,933  93 

2,497  50 

5,207  02 

I,'.l62,:i20  2:1 

Earnings  from  Operation, 

515,836  18 

71,733  09 

69,771  37 

56,218  45 

832  50 

681,446  98 

14,248  35 

18,406  64 

289  62 

Deductions  from  Earnings. 
Rents  (for  lease  of  S.  C.  P.  R'y),      . 

31,380  00 
4,405  90 

35,785  90 

4,000  57 
4,000  57 

2,100  10 
2,100  16 

260  49 

200  49 

414  62 
414  02 

37,420  23 

15,585  40 
15,585  40 

20,210  04 

84,397  41 

Total,    . 

37,420  23 

20,210  04 

110,777  41 

Net  Earnings 

478,415  95 

56,147  69 

49,561  33 

20,432  55 

572  01 

$18,248  92 

.<2"..r.or.  :-:(! 

$704  24 

nd  branches  would  show  as  follows : 


And  charge  "  A  "  Dh 


"  Aldrich  Branch,"  - 
"  Buff  Quarry  Branch." 
W.  F.  Williams  &  Bro, 


176  00 
3.200  00 
1.424  00 
5,85+  09 


'  Division  is  given  credit  for  $14,755.76  for  old  rails  released  from  that  division,  and  other  divis 


- 


• 


Farmers  Loan  and  Tl'itst  Company  vs.  Cape  Fear  and  Yadkin   Vallri/  lia'dn'ay  Company.  16 

Oape   :F*©a:r   and   "STac3.li.lj3.   Valley   Railway   Company. 

SUPPLEMENTARY  STATEMENT  BY  AUDITOR,  SHOWING  LOCAL  PASSENGER  EARNINGS  BETWEEN  THE  SEVERAL 

DIVISIONS. 
For  Five  Years,  from  July  1,   1890,  to  June  30,  1895. 


A  Division. 

B  Division. 

C  Division. 

S.  C.  P.  R'y. 

Factory 
Brunei). 

Madison 
Branch. 

Amounl. 

From  A  Di 

iaion  to  A  Division, 

"    B  Division, 
'         "    C  Division, 

"    S.  C.  P 

'          "    Factory  Branch, 
'          "    Madison  Branch, 

Total 

ision  to  A  Division, 

"   B  Division, 

"    0  Division, 

"  S.  0.  P 

1         "   Factory  Branch, 
'         "  Madison  Branch, 

Total 

iaion  to  A  Division, 

"    B  Division, 
'          "    C  Division, 

"  S.  C.  P 

'          "    Factory  Branch, 
'          "   Madison  Branch, 

Total 

?.  R'y  to  A  Division, 

"    B  Division,      . 
"    C  Division,      . 
"    S.  C.  P.,  . 
"         "    Factory  Branch, 
"         "    Madison  Branch, 

Total 

y  Branch  to  A  Division, 

"    B  Division, 

"   C  Division, 

"   S.  C.  P.,      . 

"         "   Factory    Branch, 

"         "    Madison  Branch, 

Total 

n  Branch  to  A  Division, 

"    C  Division,' 

"       "  S.  C.  P.,      . 
"       "    Factory  Branch, 
"       lg    Madison  Branch, 

Total 

otal  Local  Passengers, 

$190,845  28 
5,617  86 
8,913  14 
12,628  39 
4,479  53 
56  10 

222,540  30 

4,001  68 

$ 

$ 

$  190,845  28 

9,619  54 
20,145  84 
16,133  41 

11,232  70 

3,505  02 

3,689  98 
3,689  98 

21  55 

3,505  02 

17  50 

17  50 

4,023  23 

11,232  70 

245,008  73 

3,856  80 

2,972   IT 

109,802  07 

2,389  94 

119  57 

200  64 

2,766  56 

,802  H7 

8,947  92 

3,550  23 
654  69 
67  79 

3,007  75 

75  37 
75  37 

34  05 

1.894  31 
1,894  39 

3,007  75 

1,6611   97, 

34  05 

8,129  51 

118,250  95 

131,392  02 

5,128  57 
2,493  27 

10,262  35 

2,056  96 

86,143  43 

212  61 

86  79 

11  68 

98,773  82 

15,390  92 
6,177  56 
86,143  43 

1,627  33 

28  82 

169  42 
98  00 
15  36 

7,904  62 

15  81 

2  92 
1,630  25 

28  82 

1  79 

1  79 

15  81 

108,355  11 

18,169  49 
3,316  66 

1,641   12 

99  76 

1,315  11 

4,897  24 
214  24 
379  10 

2,309  93 
3  77 

2,879  13 

10  47 

23,227  03 

1,315  11 

2,879  13 

10  47 



7,804  28 

4,654  02 
576  02 
612  55 
77  84 

4,130  38 

815  45 

128  54 

7  60 

2,275  37 

26  08 

855  55 

2,247  02 

605  76 

2  51 

23  76 

32  95 
888  50 

605  76 

24  81 
24  81 

2  51 

5,944  19 

7,383  42 

14,849  19 

From  Madia 

97  38 

154  18 
22  38 
16  40 

290  34 

45  99 
6,834  83 
30  63 
2  76 
22  31 

31  31 
2,049  91 

20  54 
1  97 

15  51 
1,317  33 

136  90 

1   74 

19  53 

28  85 

136  90 

6,936  52 

1  74 

19  53 

3,436  57 

10,821  60 

1 

$268,035  99 

$133,ii44  56 

$116,636  06 

$11,376  42 

$11,194  58 

$5,375  06 

$545,662  67 

Fanners  Loan  and  Trust  Company  vs.  Cape  Fear  and  Yadkin  VaUvy  Railway  Company.  17 

Oapc    Pear   and   "X"a<a.ls.iia   "VaXley-   Railway   Oomjaany. 

SUPPLEMENTARY  STATEMENT   BY  AUDITOR,  SHOWING   THROUGH   PASSENGER   EARNINGS 

BETWEEN  THE  SEVERAL  DIVISIONS. 

For  Five  Years,  from  July  1,  1890,  to  June  30,  1895. 


A  Division. 

B  Division. 

C  Division. 

S.  C.  P.  R'y. 

Madison 
Branch. 

Amount. 

$14,219  17 

1.756  51 

953  70 

2,306  57 

19,235  95 

$ 

$  

$     

8 

$14,219  17 
2,346  17 
2,113  99 
2,656  73 

589  66 

1,160  29 

"     ' S.  0.  P.,       .    . 

350  16 
350  16 

Total,     .     .    . 

589  66 

1,160  29 

21,336  06 

From  B  Division  to  A  Division 

810  80 

1,326  28 
84  46 

275  67 

4,477  90 

411  99 

17  47 

9  65 

7  19 
7  19 

6  43 
6  43 

1,086  47 
4,477  90 
2,889  36 

B        "      '  .     . 

C 

1,151  09 

Total,     .    .    . 

2,221  54 

5,192  68 

1,151  09 

8,578  93 

From  C  Division  to  A  Division,    .     . 
B 

1,458  52 
780  66 

243  70 

1,531  16 

680  63 

1,886  97 

16  22 

2  20 
2  20 



2,989  68 

1,704  99 
1,886  97 

9  07 

243  70 

Total,     .     .    . 

2,243  25 

4,114  98 

6,609  13 

From  S.  C.  P.  R'y  to  A  Division,      . 

1,724  02 
146  66 
281  76 

296  52 
11  58 
68  44 

2,020  54 

34  82 

504  67 

"  Mad.  Br.,     .     . 

2,152  44 

34  82 

504  67 

376  54 

Total,    .     .    . 

3,068  47 

From  Madison  Br  to  A  Division 

9  29 

9  29 

13  93 

13  93 



Total  Through  Passengers.     . 

$25,858  18 

$  6,074  79 

$  6,931  03 

$     736  09 

$       15  72 

$39,615  81 

Farmers  Loan  and  Trust  Co.  vs.  Cape  Fear  and  Yadkin   Valley  Railway  Company. 

Cape    :F*eai-   and.   "5Taca.ls.lii   Valley   Railway   Company. 

SUPPLEMENTARY  STATEMENT  BY  AUDITOR,  SHOWING  LOCAL  FREIGHT  EARNINGS  BETWEEN  THE  SEVERAL  DIVISIONS 
For  Five  Years,  from  July  1,  1890,  to  dime  30,  1895. 


A  Division. 

B  Division. 

<J  Division. 

S.  ('.  1'.  R'y. 

52 

Mudi.011 
branch. 

Branch, 

Branch                Vl '■ 

$391,350  76 
42,274  34 
30,807  19 
38,167  06 
17,482  21 
4,823  99 

524,905  54 

29,103  96 

$ 

$ 

$ 

14,351  13 

$ 

$    ... 

23,084  51 

71.57s  :;n 



"    0  Division, 

"     S.  C.  P 

45,250  57 

"      "         "          "    Factory  Branch, 

1,692  82 

1.4S6  45 
1,486  45 

14,331  13 



30,796  78 

45,250  57 

23,084  51 



14,144  48 

12,326  25 
137,696  15 
4,511  4] 
2,909  04 
608  95 
2,241  09 

1,445  28 

4,995  52 

3,670  69 

423  35 

4,570  02 

441  84 
441  84 

"      "         "          "    Factory  Branch, 

i,(370  06 

4,570  02 

5. mi  15 

23,134  04 

1,445  28 

160,292  89 

35,445  56 
7,716  17 

17,563  56 

1,830  54 

605  27 

63,161  10 

6,189  6S 

44,585  14 
6.964  31 
106,946  23 
20.181  39 
1.821  44 
529  63 

181,028  14 

80010  "H 

8,150  40 

260  26 
260  26 

11      "        "          "   Factory  Branch, 

1,116  69 
1,116  69 

313  78 
6,503  46 

8,150  40 





From  S.  C.  P.  R'y  to  A  Division,     . 

33,147  89 

909  60 

23,598  22 

8,755  22 
44  53 

66,455  46 

746  08 

16,448  72 
336  18 
11,306  23 
7,320  04 
3,135  30 
15  91 

1,991  86 

C  Division,      . 

26,898  90 

"         "          "         "    Factory  Branch, 
"         "          "         "    Madison  Branch, 

1  -in  92 

12  03 
12  03 

13  49 
759  57 

26,898  90 

4,249  92 



Total 

38,562  38 

From  Factory  Branch  to  A  Division, 

11,869  50 

1,104  57 

914  48 

333  55 

1,548  21 

11,634  34 

1,257  52 
530  54 
184  39 
012  95 
168  75 

14,388  49 



130  99 

3,910  ::n 

2,855  55 

m|ii  53 

648  93 

612  95 

"            "             "         "    Factory   Branch, 
"            "             "         "    Madison  Branch, 

145  95 

131  08 
1,679  29 

910  53 

mi  94 
104  94 

550  72 

130  99 

Total 

14,368  05 

31,682  29 

From  Madison  Branch  to  A  Division, 

"            "              "        "    B  Division, 

"        "    C  Division, 

21  86 

7  80 
15  86 
3  42 

48  94 

lb  01 
2,151  21 
4  37 
4  81 
3  96 

5  66 

12   in      

1,353  32 

3.504  53 

6  71 

;  95 

4  29 

30  62 

"             "                "        "    Factory  Branch, 
"            "              "        "    Madisun  Branch, 

14  20 

6  71 

2,180  36 

5  66 

3  95 



Total 

4,(121  66 

From  Furnace  Branch  to  Furnace  Branch,  . 

3,330  00 

3,330  00 

4,978  00         4,978  00 

From  Granite  Branch  to  Granite  Branch,    . 



Total  Local  Freight,    . 

S692.073  13 

$202,212  35 

$258,664  87 

$71,379  22 

$34,552  02 

85,909  78    $3,330  00    $4,978  00($1,273,099  37 

Farmers  Loan  and  Trust  Company  vs.  Cape  Fear  and  Yadkin  Valley  Railway  Company.  19 

Cape    Fear   and   "X~a.ca.ls.in.   Valley   RailT^ay   Company. 

SUPPLEMENTARY   STATEMENT   BY   AUDITOR,    SHOWING   THROUGH  FREIGHT  EARNINGS  BETWEEN  THE 

SEVERAL  DIVISIONS. 

For  Five  Years,  from  July  1,  1890,  to  June  30,  1895. 


A  Division. 

-  B  Division. 

0  Division. 

S.  C.  P.  K'y. 

Factory 
Branch. 

Madison 
Branch. 

Amount, 

$132,261  75 

$ 

*  

$ 

$  

$132,261  75 
33,415  91 
44,523  16 
36,841  41 

22,381  65 

13,770  88 
13,770  88 

23,070  53 

3,902  70 
3,902  70 

5,381  94 

202,051  68 

2,852  051             

17,072  Oil    22,381  65 

12,136  69 
259,178  92 

From  B  Division  to  A  Division 

62,718  04 

44,211  41 
25,377  84 

106,929  45 
25,377  84 
41,813  87 
29,140  03 

ii         «.  g         i.       ' 

"  C         " 

16,773  42 
15,092  55 

3,860  24 
3,860  24 

Total,    .    .    . 

94,584  01 

19,051  28 

1,478  74 

1,458  55 

151  69 

22,135  26 

18,743  49 
5,171  65 
8,352  16 

93,296  08 

15,386  57 

5,391  76 

212,518  66 

From  C  Division  to  A  Division,    .     . 

'  '988  81 

19,207  91 
1,361  84 
3,182  84 
1,589  76 
139  20 

25,481  55 

38,259  19 

3,182  84 

53  89 

1,042  70 

796  69 

48  27 
48  27 

Total,    .    .    . 

796  69 

49,504  47 



From  S.  C.  P.  R'y  to  A  Division,     . 
"   B        " 

9,886  14 
1,721  57 
4,561  91 

2,898  35 

9,123  61 

9,791  57 

1,410  74 
33,678  04 

327  44 
3,225  79 

604  16 



381  38 
381  38 

9,123  61 

Total,    .    .    . 

16,773  78 

63,182  60 

From  Madison  Br.  to  A  Division,     . 

N        »      B 

3,870  64 

947  41 

1,530  93 

5  84 

6,354  82 
$14,547  41 

1,324  60 

2  24 

21  58 

199  95 

$352,648  94 

6  55 

1,436  80 
$116,073  38 

7  69 

41  66 

"    "   Mad.  Br., 

2  24 

$72,375  62 

7  69 
$36,740  80 

Total,     .     .     . 
Total  Through  Freight,     . 

$  

$592,386  15 

R.  W.  BIDGOOD, 

Auditor. 


Microfilmed 
S0LINET/ASERL  PROJECT 


J.  W.  FKY 
General 


